USD/JPY: 'Window' acting as support

USD/JPY: 'Window' acting as support

The 'Window' is acting as support. Also, there's a bullish 'Hammer' pattern, which hasn't been confirmed enough. In this case, it's likely that the market is going to test the nearest support at 108.88. The subsequent pullback from this level could be a starting point for an upward price movement towards the closest resistance 111.47.




Latest news

EUR/CHF looks ill

This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.

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